Red Bull languishes in sixth place in the constructors' championship with just 16 points from three rounds, tied with Alpine and two behind Haas, a situation that would have seemed unthinkable just 12 months ago.
The six-time constructors' champions finds itself in unfamiliar territory, with the RB22 struggling for pace and leaving Max Verstappen visibly frustrated.
After the Chinese Grand Prix, the Dutchman summed up the car's performance bluntly: "Just a lot of graining, can't push, terrible pace, terrible balance."
Team principal Laurent Mekies has acknowledged the car shows "significant shortcomings," whilst technical analysis reveals the RB22 is the slowest Red Bull in 11 years, suffering from fundamental aerodynamic deficiencies rather than power unit problems.
Yet writing off Red Bull entirely would be premature. The Milton Keynes squad still possesses considerable resources despite the high-profile departures of Adrian Newey, Jonathan Wheatley, and more recently Gianpiero Lambiase, who will join McLaren as chief racing officer.
Former F1 driver Jolyon Palmer cautioned against underestimating Red Bull's recovery potential, particularly with the upcoming Miami upgrades on the horizon.
"With the resource that Red Bull have got, you don't want to give them a month to pore through data, work on the car, bring new parts," Palmer said. "I know they've had a lot of people leave, and we did the whole podcast special about GP [Lambiase] and the Exodus [but] they've still got it; there's a huge amount of resource there, and you do feel like that has to come out on top when it starts ticking over, over Haas and over Alpine."
Both Haas and Alpine are front-loading their development programmes, with Haas head of car engineering Hoagy Nidd confirming the team is "pushing as hard as we can to bring as much to the car early on."
Alpine, too, has planned significant updates at set intervals throughout the season, with Miami believed to be one such milestone. Palmer acknowledged their approach, noting: "Alpine said at the start of the year that they're going to bring big upgrades at set intervals. I believe one is Miami as well, so not quite as front-loaded as Haas, maybe, but they're playing the long game this year."
However, Palmer believes Red Bull's superior baseline performance will eventually tell. "Maybe they can keep fighting Red Bull for the moment, but you just feel that as soon as Red Bull figure it out, they've got the baseline to be much quicker than they've shown."
The question facing Red Bull is whether it can unlock that potential before the midfield teams establish an insurmountable advantage, or whether 2026 will be remembered as the year the Milton Keynes outfit fell from grace.
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